Citigroup Inc. stock underperforms Monday when compared to competitors despite daily gains – MarketWatch

by

Shares of Citigroup Inc. C, -1.22% inched 0.30% higher to $47.37 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.10% falling 0.54% to 4,569.78 and Dow Jones Industrial Average DJIA, -0.20% falling 0.11% to 36,204.44.
This was the stock’s fourth consecutive day of gains.
Citigroup Inc. closed $5.86 below its 52-week high ($53.23), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM, +0.18% rose 0.73% to $157.99, Bank of America Corp. BAC, -0.78% fell 0.45% to $30.82, and Wells Fargo & Co. WFC, -1.36% rose 0.22% to $45.12.
Trading volume (18.8 M) eclipsed its 50-day average volume of 17.8 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Palantir Technologies shares have soared on excitement for artificial intelligence. But one worry could limit the analytics-software firm’s future gains, according to William Blair analysts.

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Visit a quote page and your recently viewed tickers will be displayed here.

source

Leave a Comment